Japan April Household Spending Slumps on Continued Shift to Lower Mobile Phone Plans; Traveling, Eating Out Remain Strong
–Spending Drop Also Due to Continued Cut in High School Supplementary Education; Housing Also Down –Spending on Packaged Tours, Train/Air Fares Continues Rising on Tourism Support Program –Real Household Income Posts 7th Straight Y/Y Drop on High Food Costs but Energy Subsidies Capping Utility Charges By Max Sato (MaceNews) – Japan’s real household spending […]
ISM: US May Service Sector Activity in Expansion Territory for 5th Straight Month but Slower on Lower New Orders, Employment
–ISM’s Nieves: Employment Remains a Mixed Bag, Depending on Industries –Nieves: Firms See Slower Growth This Year but No Forecasts for Recession –Nieves: Prices Paid Stabilizing as Production, Deliveries Improving By Max Sato (MaceNews) – Business activity in the U.S. service sector was in positive territory for the fifth straight month in May but the […]
White House and Other Schedules for Monday, June 5
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 5, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]